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All these questions of what’s actually going on but not a peep from team Carmichael. I was always taught to not say anything if I didn’t have anything good to say…well I guess I’m going silent then
Hello Management, what’s going on? Inquiring investors would like to know. Besides Chris departing and BWMG filing a 10Q NT back middle of May, we haven’t seen anything. 5 weeks out until 2nd quarter filings due…is there any chance of that or have you guys just given up?
…and because they took so long we can read through the 10Q this week and catch up right? lol
Filings, communications, marketing…quite a few things missing here BWMG. Let your investors know what’s going on
I use to praise BWMG for filing on time. Seems that goal has gone wayside over the years and here we sit waiting for the 10k to drop even after the extension. Anything going on over there on the east coast? Remember us the investors?
10K still hasn’t dropped?
Happy New Year everyone!
Wow declining share price. Anyone hear anything lately besides the right to sell a scooter? Seems pretty quiet
Just realized that it’s the 31st of May. Would love it if my investment dollars received an update of what’s going on!
Sure would be nice to have some communication from the company on this rather than us having to guess. Wonder if we can expect 10Q in three weeks when it’s due. ??
They have up to 15 calendar days to file after extension.
5 Days on a 10Q
15 Days on a 10K
Not getting my shares…lol
No I was just making an observation of the lack of support at the time. I see a lot talk but don’t see it reflected on the L2.
As far as ‘doing us all a favor’, you’re funny…clueless, but funny. I’ve probably picked 2 more since.
Where’s the bid support?
Yes it would be nice to let the share holders know why? Remember us, the ones that have invested with real money to acquire shares. The sooner that the management team treats this as a public company rather than private the better. Rant over…lol
Yes I saw that. Would have liked to know how many units per estimated delivery window.
How can you say that the revs went back into company growth when the filings state they took a 28% loss on the project
Drugman, what about the costs and redirection of resources associated to that 500k revs that we also won’t be seeing?
And yet volume is dismal and PPS pulls back
That’s news to me. Believe quarterlies due 45 days after end of quarter and annual due 90 days after year end. Applicable extensions of course being 5 and 15 days. I will have to read up on QB requirements
Oh I’m sure they’ll want a good return as well...lol
Well I figured it was time for me to take a little profit. Been here for awhile and I make no apologies
Yeah boredom was getting to me, I moved it up to 6's...lol
oh you must be just above me then
You should hit it for 994,900 and find out...lol
So that your 73k on the ask as well? ??
We have all the weak hands out yet...lol
Hey Clogger, Only thing I'm surprised at with this one is that it hasn't blown past 10 cents along time ago. You are correct we definitely should talk more...lol
Those 10K numbers must be looking awfully good
...so what was that first performance bonus share price set at?...lol
About time it stretched its legs
Lol...I’m tempted to just take out that 2 mil at 2.5 cents
Yeah I’ve had that request from him a couple times in past years as well. I can’t say that the communication improved. I’ve been here for the better part of a decade and hold a substantial position.
nt 10-q just filed. What a bunch of BS. Come on Robert, you can do
better than this and stay current with the filings. Always praised the company for staying current, but not so much now
On May 12, 2020 Brownie’s Marine Group, Inc. (the “Company”) received the proceeds from an unsecured $159,600.00 loan (the “PPP Loan”) through South Atlantic Bank under the Paycheck Protection Program (the “PPP”) pursuant to the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) which is administered by the United States Small Business Administration. In accordance with the requirements of the CARES Act, the Company will use proceeds from the PPP Loan primarily for payroll costs.
The PPP Loan is scheduled to mature on April 9, 2022 (the “Maturity Date”) and has a 1% interest rate. Commencing on November 9, 2020 and continuing on the same day of each following month, the Company must pay principal and interest payments of $8,983.41 until the Maturity Date, at which time the remaining principal and accrued interest is due in full. The promissory note evidencing the PPP Loan contains customary events of default relating to, among other things, payment defaults and provisions of the promissory note.
Under the terms of the CARES Act, PPP Loan recipients can apply for and be granted forgiveness for all or a portion of loans granted under the PPP. Such forgiveness will be determined, subject to limitations, based on the use of loan proceeds for payroll costs and mortgage interest, rent and utility costs. No assurance is provided that the Company will apply for and obtain forgiveness of the PPP Loan in whole or in part.
They are due end of March
Thanks for the update Joe. Appreciate the info for us little shareholders.
Thanks for posting that Warrior. Sounds like their making progress and stepping through the challenges that arise.
I guess I’m a little more optimistic on the upcoming fins. I hope to see a bump in the revenue stream as things start to come together. With the tiny volume, I’m not really concerned in regards to the dilution theory.